News
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Jul- 2016 -7 July
W.E Clark & Son nominated for best independent retailer in local awards
Sussex-based jewellery retailer W.E Clark & Son has been nominated for ‘Best Independent Retailer’ at the Lewes District Business Awards 2016. The awards, which will take place on 14 July at Lewes Town Hall, aim to celebrate excellence among the district’s business community and will see around 200 of the…
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6 July
ACID named ‘IP Champion’ on first British IP Day
Anti Copying in Design (ACID) has been named at the first-ever UK ‘IP Champion’, at an event in Westminster yesterday (Tuesday, 5 July). The award – handed out on the first British IP Day, launched by the Alliance for Intellectual Property – recognises a person, organisation or campaign that has…
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6 July
Shop prices fall for 38th consecutive month
Shop prices fell 2% in June, the 38th consecutive decline and a deepening from the 1.8% price fall recorded in May. That’s according to the latest British Retail Consortium (BRC) and Nielsen Shop Price Index, which revealed the fall was lower than the 12-month average decline of 1.8%. Non-food deflation…
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5 July
Brexit fuels uncertainty as polished diamond prices slide in June
Polished diamond prices fell in June and sentiment softened after “relatively weak” Las Vegas and Hong Kong shows, according to the Rapaport Group. The group said steady US demand supported the market but overall demand was sluggish, with Britain’s decision to leave the EU, the US election and continued weakness…
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4 July
8 arrested following spate of jewellery store robberies in West Yorkshire
Eight people have been arrested following a series of three jewellery store robberies across West Yorkshire. Jewellery stores were targeted in Hebdon Bridge, Halifax town centre and in Brighouse over a seven day period from 24 June to 30 June. Kingston Diamond Merchants, Duranczyk T&G and Neimantas Jewellers were all…
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Jun- 2016 -30 June
Largest diamond discovered in a decade fails to sell at auction
The world’s largest rough diamond found in a decade has failed to sell at a London auction after bids did not reach the minimum reserve price. The 1109-carat ‘Lesedi la Rona’ – the largest rough diamond in existence today – was uncovered by diamond production firm Lucara in November 2015…
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28 June
Jacobs the Jewellers names ‘Young Designer’ award winners
Reading-based Jacobs the Jewellers has announced the winners of its annual ‘Young Designer’ competition. The competition, which is held in association with the Bishopsland Educational Trust, HS Walsh and the Worshipful Company of Goldsmiths, saw four young jewellery designers at Bishopsland – a jewellery design postgraduate course provider – showcase…
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28 June
Rough diamond demand stable in fifth sales cycle, says De Beers
The De Beers Group of Companies has announced rough diamond demand is stable in its latest sales cycle. Provisional sales for the company’s fifth sales cycle of 2016 stood at $560m (£420m). This was down on the $636m (£473m) raised in its fourth sales cycle of the year, but De…
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28 June
Houlden Jewellers founder brings retirement date forward
Houlden Jewellers has announced Stuart Laing, founding director of the group, is bringing forward his retirement date. Originally due to retire in June 2017, Laing and Houlden Jewellers have reached an agreement that as of 1 July 2016 Laing will retire following a recent health scare. A statement from Houlden…
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27 June
World Gold Council: gold price soars in wake of Brexit
The price of gold bullion has surged following the UK’s decision to leave the EU in last week’s referendum, according to the World Gold Council (WGC). The council said the price of gold jumped to $1,315.50/oz (£988/oz) on 24 June, following the announcement of the referendum. Gold was up 4%…
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